empty
 
 

19.04.202109:51 Forex Analysis & Reviews: AUDCHF facing bearish pressure, potential for more downside!

Exchange Rates 19.04.2021 analysis

Prices are facing bearish pressure from horizontal swing high resistance which is in line with 61.8% Fibonacci retracement and 78.6% Fibonacci extension. Prices might push down towards 1st support which coincides with horizontal swing low support which is in line with 50% Fibonacci retracement. If prices push up further, prices might face resistance from swing high resistance which is in line with 50% Fibonacci extension and 161.8% Fibonacci retracement. Stochastics is facing resistance from 92.64, potential for bounce.

Trading Recommendation

Entry: 0.71397

Reason for Entry:

Horizontal swing high resistance, 61.8% Fibonacci retracement, 78.6% Fibonacci extension

Take Profit: 0.70976

Reason for Take Profit:

Horizontal swing low support, 50% Fibonacci retracement

Stop Loss: 0.71646

Reason for Stop Loss:

Horizontal swing high resistance, 50% Fibonacci extension, 161.8% FIbonacci extension

*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.

Dean Leo,
Analitickog eksperta
InstaForex grupa kompanija © 2007-2021
Iskoristite preporuke analitičara upravo sada
Dopunite trgovački račun
Otvori trgovački račun

Uz InstaForex-ove analitičke preglede uvek ćete biti u toku sa tržišnim trendovima! Klijentima InstaForex-a su dostupni mnogobrojni besplatni servisi za uspešno trgovanje.

Prikaži više
Ne možete da razgovarate sada?
Postavite pitanje kroz ćaskanje.